Colliers International announced on August 3 that Subhankar Mitra has been appointed Managing Director of the Advisory Services business in India. Formerly the National Director for JLL's Strategic Consulting division, he brings over 24 years of experience in the real estate industry with a strong focus on delivering advisory assignments.
Mitra said: "I am excited to join Colliers International, and lead the advisory business in India. Colliers is the fastest growing real estate firm and in the current market, when our clients need us the most, it has proven to be a trusted partner that can help grow businesses and drive profitability."
Sankey Prasad, Chairman & Managing Director of Colliers International India, said: "I am pleased at Subhankar's addition to the Colliers International team, as the leader of our India Advisory business. His decades of leadership and real estate industry expertise will accelerate success of our clients and people to drive our advisory business forward."
Mitra's appointment comes as Colliers expands its presence and increases its professional framework in India. The real estate firm has brought on board a number of senior leaders in recent months including Ajay Sharm Ayyagari from Deloitte as Managing Director of Valuations and Piyush Gupta from Piramal Capital as Managing Director of Capital Markets.